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Equity benchmarks ended a two-day winning streak with losses in a volatile session. Bajaj Housing fell 0.8%, Tata Steel gained 0.1%, and Coal India dropped 0.47%. Pravesh Gour from Swastika Investmart suggests key support and resistance levels for each stock, highlighting potential buying opportunities and expected movements.
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Global markets rebounded last week as fears a global trade war would erupt in the first days of Trumps presidency were assuaged after the President avoided placing immediate import levies on goods from Mexico, Canada and China. Threats resurfaced, however, after Trump ordered punitive trade sanctions on Colombia Sunday for rejecting US deportation flights over human rights issues.
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Colombian President Gustavo Petro has arranged for the presidential plane to repatriate Colombian nationals deported from the US, ensuring their dignified return. This follows US President Trump's imposition of 25 per cent tariffs and other sanctions after Colombia blocked US military deportation flights. Colombia aims to guarantee respectful treatment for deported citizens and is seeking humane migration solutions.
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